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57 East Street, Ipswich MA 01938

Ipswich, MA 01938
$975,000
$974,500
Est. $5,642/month
2,419
Sq Ft
$403
Price/Sq Ft
0.13
Acres
1909
Year Built
295
Days on Market
Active Price Drop -$500 Listed Sep 23, 2025 • MLS# 73434444 Copied! • Updated Jun 6, 2026

About this home

Opportunities like this do not come on the Market often!! Here is your chance to own a Piece of Ipswich 1909 History -Continued Use as a Neighborhood Bakery/Restaurant/Convenience Store/Retail Package Store - Wine and Malt beverages - a short distance to the Ipswich River. The Second Floor is a TWO Bedroom, One-Bath, large Living Room/Dining Room Apartment with a Private Entrance. The first floor is a Professional Industrial Kitchen, completely set up for High-Volume Food Service—currently a Bakery, serving lunch and dinner. Ipswich River Boat Launch and Park are moments away. The 342 sq. ft. Out-Building was once used as a bait shop and is now used for extra storage. Convenient Parking, Great Visibility, and Enormous Growth Potential. Potential to convert to 100% Residential Rentals.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
0.1%
Price Range

Property Timeline

Price Reduced
Jun 2, 2026
$974,500 $500 (-0.05%)
From $975,000 to $974,500 (-0.1%)
🏠
Listed for Sale
Sep 23, 2025
$975,000
Original listing
Office: eXp Realty

Tax History

Year Taxes Assessment
2025 $6,178

Financial Details

Annual Property Tax
$6,178
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1909
Living Area 2,419 sq ft
Lot Size 0.13 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 220 Volts

Financial

Annual Tax $6,178
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer And Buyers Agent To Do Due Diligence. Buyer Must Apply For Liquor Liceence Transfer And Continued Use
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1909
Living Area
2,419 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage: 135.00 ft
Road Surface:

Parking & Garage

Parking Features:
School District
Ipswich School District local
A-
School Safety 2024-25
0.9% Low
0.9% Suspensions 0.8% In-School
4.6% below state avg
E

Elementary Schools

3 schools
A-
Winthrop School
0.5 mi | #197 of 824 | Score: 55.2
Dropped 158 spots from last year
-3.1 below state avg
373 students Moderate
Strong Attendance
Grades PK-05
A
Paul F Doyon Memorial School
2.8 mi | #90 of 824 | Score: 59.8
Improved 33 spots from last year
+1.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades PK-05
B+
Pine Grove School
3.3 mi | #321 of 824 | Score: 50.1
Dropped 149 spots from last year
-8.1 below state avg
429 students Less Diverse
Grades PK-06
M

Middle Schools

3 schools
A-
Ipswich Middle School
1.2 mi | #93 of 352 | Score: 50.4
Improved 8 spots from last year
-7.8 below state avg
377 students Moderate
Strong Attendance
Grades 06-08
North Shore Montessori School, Inc.
3.8 mi
Grades 01-06
A
Miles River Middle School
3.9 mi | #63 of 352 | Score: 54.5
Dropped 37 spots from last year
-3.7 below state avg
391 students Less Diverse
Strong Attendance
Grades 06-08
H

High Schools

3 schools
A+
Ipswich High School
1.2 mi | #36 of 346 | Score: 69.6
Improved 26 spots from last year
+11.4 above state avg
447 students Moderate
19 sports • 1,184 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
A+
Hamilton-Wenham Regional High School
3.9 mi | #34 of 346 | Score: 69.9
Dropped 4 spots from last year
+11.7 above state avg
448 students Less Diverse
19 sports • 1,310 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Pingree School
4.0 mi
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $515
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

57 East Street, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent The North Shore Realty Group
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID TM309913
Office MLS ID AN8613
Listing Data Updated Jun 6, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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